BTC: Trader Targets Mid-Range Resistance
BTC trades at $62712.06 with trader @CrypNuevo projecting mid-range resistance as main TP target on weekly flow.
SourceAnalysis
BTC trader @CrypNuevo confirmed his one-month projection remains on track and flagged the mid-range zone as primary resistance for profit-taking this week.
Price sits at $62712.06 inside the Bollinger Bands with upper resistance at $63569.51. The 50-EMA at $61581.62 continues to act as dynamic support while the 200-EMA at $64474.16 caps upside. RSI at 59.77 stays neutral and the MACD death cross at 605.24 signals fading momentum, pointing to a likely pullback toward the 50-EMA before any sustained push higher.
CrypNuevo
@CrypNuevoAn unbiased technical analyst specializing in liquidity dynamics and market psychology, transcending bull-bear narratives.